Malaysia's automotive TIV up 12.4% in May to 68,007 units

KUALA LUMPUR: Malaysia's automotive sector total industry volume (TIV) rose 12.4% to 68,007 units in May compared to April 2025, according to the Malaysian Automotive Association (MAA).

However, "the year-to-date (YTD) TIV was 5% lower than the same corresponding period in 2024," it said in a statement.

The MAA attributed the higher sales in May to the greater number of working days, continued strong promotional activities, and the delivery of vehicles from bookings collected in the first quarter of 2025.

On a year-on-year basis, the MAA reported that the total industry volume (TIV) for May 2025 was 3% lower than the 70,254 units recorded a year earlier, with 62,757 passenger vehicles and 5,250 commercial vehicles sold.

For production, it said a total of 65,970 units were produced in May 2025, down 12% from a year earlier, comprising 62,291 passenger vehicles and 3,679 commercial vehicles.

On the industry's outlook for June, the MAA expects the TIV to be lower than May due to a one-week plant shutdown during Hari Raya Aidiladha by "major makes."